The posting
Legal Recovery Officer
## Company Overview Homeville Group is a financial technology, infrastructure, and lending company focused on building credit networks and platforms for the housing finance ecosystem. The company has developed critical infrastructure layers to support housing-focused credit platforms, enabling retail credit in the housing sector. Homeville has adopted a multi-platform strategy to serve various customer segments within the housing ecosystem. Bharat Housing Network, the company’s flagship initiative, is India's largest affordable housing co-lending platform, providing capital, technology, and infrastructure to affordable housing finance companies and non-banking finance companies.
## Job Summary The Legal Recovery Officer plays a critical role in managing delinquent accounts and ensuring effective debt recovery strategies. This position requires a skilled legal professional with a passion for law, focused on collaborating with stakeholders and contributing to the financial stability of the organization.
## Responsibilities - Review and analyze delinquent accounts to develop appropriate collection strategies. - Contact debtors via telephone, email, and written correspondence to discuss overdue payments. - Monitor and follow up on agreed payment plans to ensure compliance. - Document and update debtor interactions, payments, and agreements in the collections management system. - Prepare and file legal documents related to collection cases, including summons, complaints, and judgments. - Liaise with attorneys and external legal counsel to pursue legal action for debt recovery. - Attend court hearings and proceedings to represent the company’s interests. - Maintain up-to-date knowledge of relevant laws, regulations, and industry best practices in collections. - Prepare regular reports on collections activities, status of accounts, and recovery rates for management review. - Collaborate with internal departments such as accounting, customer service, and legal to resolve disputes and facilitate collections.
## Qualifications - Bachelor's degree in Law. - Minimum of 3-5 years of experience in collections, with a focus on legal collections preferred. - In-depth knowledge of collections laws and regulations. - Strong negotiation skills with the ability to handle difficult conversations with debtors. - Proficiency in using collections management software and legal databases. - Strong analytical and critical-thinking skills to review and assess delinquent accounts. - Excellent written and verbal communication skills. - Ability to prepare and file legal documentation accurately and efficiently. - Experience in liaising with attorneys and external legal counsel. - Ability to maintain confidentiality and handle sensitive information. - Strong problem-solving skills and the ability to develop effective collections strategies. - Demonstrated ability to stay informed about and comply with regulatory changes.
## Preferred Skills - Experience in financial technology or housing finance. - Familiarity with industry-specific software for collections and legal documentation.
## Experience 3-5 years of relevant experience in collections, preferably in a legal context.
## Environment The work is primarily based in Mumbai, within a professional office environment, requiring collaboration with various internal departments and external legal parties.
## Salary Salary details are not specified.
## Growth Opportunities Career advancement opportunities may include positions within the legal department, senior management roles within collections, or strategic leadership positions in the organization.
## Benefits - Competitive salary packages and bonuses. - Mediclaim plans for you and your dependents. - Access to educational resources for self-improvement, including technical and non-technical training.
